Swedish e‑commerce company Haypp Group, behind Snusbolaget, signed a 400 million SEK credit facility with Danske Bank to fund future growth without raising its overall debt level.
Vienna‑based ENPULSION, an industrial manufacturer of electric spacecraft propulsion, raised €22.5 million in growth funding and is now acquiring British chemical‑propulsion specialist Lift Me Off to create a full‑stack spacecraft mobility backbone.
UK AI startup Callosum, which builds software infrastructure to run AI workloads across different chips and models, closed a $100 million seed round led by Atomico with participation from Plural, DCVC, Sovereign AI and angels, following a $10.25 million raise earlier in the year.
Nebex, a space‑trading platform founded in 2025, announced a €100 million initiative in France that will channel global space contracts back to French startups, guaranteeing a full industrial return on foreign spending. The move is backed by a $30 million seed round led by GV and supported by a dozen venture investors. The model aims to simplify cross‑border space procurement and boost the French space ecosystem without changing existing procurement laws.
Isembard, a UK‑based startup that builds small high‑tech factories using AI‑driven software to produce precision components for space, defence and robotics, announced a $50 million Series A round led by Union Square Ventures. The funding will accelerate its franchise model expansion across Europe and the US, increase factory count, and enhance its MasonOS AI platform.
SAPIOM announced a $35 million funding round to build an infrastructure layer that will act as a cost controller for AI agents, helping companies understand and manage the expenses generated by autonomous AI operations.
Edinburgh‑based legal AI startup Wordsmith secured a $14 million Series B extension from investors including Index and FT Ventures, increasing the round’s total to $84 million.
Aloi, backed by some of Sweden’s biggest tech billionaires, has quietly built an AI platform aimed at reshaping legaltech. After an aggressive expansion last year, the company added roughly €6 million from a secret VC fund and existing investors, bringing its total raise to €67 million to support further growth.
Helsinki‑based AI life‑science startup Aiforia obtained €20 million of venture debt from the European Investment Bank, backed by the EU InvestEU programme, to speed up its AI‑driven cancer diagnostic platform and grow its global commercial presence.
American consumers are eager for the Swedish candy Bubs, and the manufacturer Orkla cannot keep up with demand. To address this, Orkla is making a billion‑dollar purchase, taking control of a Bubs supplier and seeing opportunities in multiple markets.